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Tutor Perini Corp (NYSE:TPC)
3-Year Buyback Ratio
-0.80 (As of Dec. 2014)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

TPC' s 10-Year Buyback Ratio Range
Min: 67.3   Max: -63.9
Current: -0.8

During the past 13 years, Tutor Perini Corp's highest 3-Year Average Share Buyback Ratio was -63.90. The lowest was 67.30. And the median was -4.50.

TPC's Buyback Ratiois ranked higher than
74% of the 870 Companies
in the Global Engineering & Construction industry.

( Industry Median: -1.10 vs. TPC: -0.80 )

Definition

This is the average share buyback rate of the company over the past 3 years.


Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Related Terms

Net Income

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